Cohort plc (LON:CHRT) Insider Sells £6,100,500 in Stock

Cohort plc (LON:CHRT - Get Free Report) insider Nicholas Martin Prest sold 350,000 shares of the firm's stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of GBX 1,743 ($23.40), for a total transaction of £6,100,500 ($8,188,590.60).

Cohort Stock Performance

CHRT traded up GBX 26 ($0.35) during trading on Friday, hitting GBX 1,552 ($20.83). The stock had a trading volume of 258,458 shares, compared to its average volume of 203,233. The company has a 50 day moving average price of GBX 1,527.45 and a 200-day moving average price of GBX 1,305.03. The firm has a market cap of £704.46 million, a price-to-earnings ratio of 40.99 and a beta of 0.56. Cohort plc has a one year low of GBX 760.50 ($10.21) and a one year high of GBX 1,796 ($24.11). The company has a debt-to-equity ratio of 37.28, a current ratio of 1.55 and a quick ratio of 0.93.

Cohort (LON:CHRT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 16th. The company reported GBX 54.44 ($0.73) earnings per share (EPS) for the quarter. Cohort had a net margin of 7.56% and a return on equity of 14.91%. As a group, research analysts predict that Cohort plc will post 42.7951807 EPS for the current year.

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a "buy" rating and set a GBX 1,630 ($21.88) price target on shares of Cohort in a report on Wednesday.

About Cohort

Cohort plc is the parent company of seven innovative, agile and responsive businesses based in the UK, Australia, Germany and Portugal, providing a wide range of services and products for domestic and export customers in defence and related markets. The Group is split into two segments: Communications and Intelligence - EID designs and manufactures advanced communications systems for naval and military customers.